[ANN][DeFi] The fastest way to earn DeFi passive income.

[bycocoricos]

https://i.ibb.co/k0JH2tC/03-B-PROFILETRENDING-01.png

INTRODUCTION
COCORICOS.IO is a suite of decentralized finance (DeFi) products focused on creating a simple way to generate rewards on various assets via best-in-class liquidity mining, soft staking, proof of stake (PoS) and airdrops.

LIQUIDITY MINING
One of the most interesting recent developments in cryptocurrency is the emergence of decentralized liquidity pools. Algorithmic-based smart contract liquidity pools such as Ethereum’s UNISWAP is just an example of projects leading the charge.
Decentralized liquidity mining is emerging through a mechanism that does not exist in traditional financial markets thru automated smart contracts. This is a totally new vector of provisioning liquidity, which opens up the possibility of broader, more competitive involvement in market-making.
Liquidity pools are thus a bellwether of maturation for decentralized cryptocurrency markets. EGG will be the transaction token in the COCORICOS platform for the major liquidity pools in UNISWAP.

STAKING
We are leveraging Staking to deliver high yields thru the COCORICOS platform. In simple terms, one of the blockchain development directions is so-called Proof-of-Stake (PoS) consensus algorithm.
It has proven to be a good alternative to systems running Proof-of-Work (PoW). Novel DeFi environment allows EGG token holders to stake through trusted blockchain networks and receive high passive yields.

AIRDROPS
COCORICOS’ Airdrop platform helps project or campaign owners to increase their popularity, traffic, visibility and boost their social media appearance.
It is a fully measurable, escrowed with ads tracking and automated verification mechanics system based on A.I. for attracting & interacting with customers.
COCORICOS provides a two-sided value proposition to both advertisers and users of the platform (bounty hunters, influencers, webmasters).


EGGONOMICS
There are a variety of actors across COCORICOS' protocol matrix. i.e liquidity providers/takers, staking protocols, developers and community contributors for airdrops etc.

We believe that the most viable solution for an open finance platform is the EGG being the transaction token in the network and serving the role of providing utility. It should also be acting as a proxy to govern the protocols and accrue the network effect of the COCORICOS platform.
 
As an open finance protocol network, EGG's key values are driven by liquidity, assets/token reserve and network effects built around these protocols.

The token economics is to encourage positive feedback loops and facilitate sustainable and long-term incentive alignments. EGG is a platform utility token that enables protocol governance, fee payment, staking and incentives.


EGG will facilitate the following functionalities:

Governance Token
EGG acts as a voting vehicle within the ecosystem and community engagement. Governance also allows EGG holders to dictate the EGG's protocol and EGG's token primitive, i.e to modify, expand and govern key features of EGG protocol matrix and expand EGG's own utility.

However, fully decentralized on-chain governance takes time and is a gradual process, we believe it’s’ important to find the protocol market fit before taking massive leap towards fully decentralizing governance.

Fee Payment
EGG can be utilized as a fee payment token within the COCORICOS ecosystem, including coin mintage/disaggregation fee payment, reward payment etc.

System Stabilizer
EGG acts as the last resort for safeguarding all EGG's protocols in extreme events, i.e bad debt and accidental hack in asset liquidity protocols or other unintended consequences in extreme events. i.e in the event that the massive bad debts crystallized as a result of protocol malfunction or hack, EGG shall be issued or auctioned to cover those bad debts and recapitalize the protocol.

Incentive Token
EGG is the ultimate system token of COCORICOS's protocol matrix and its ecosystem platforms (i.e liquidity market, staking, airdrop etc), hence it is the vehicle that captures the economic values of the entire system and it will also be facilitated as major vehicle for providing liquidity, staking and airdrop incentives.
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TOKEN METRICS

• Token Name
  EGG
• Pre Sale Rate
  0.10 DAI / EGG (50% Bonus)
• Uniswap Initial Rate
  0.10 DAI / EGG
• Uniswap Listing Date
  15 JAN 2021
• Initial Liquidity Pairs
  EGG-ETH / Uniswap
• EGG (v2) Migration Ratio (Paid EGG)
  1:1
• EGG (v2) Migration Ratio (Airdrops)
  1:2
• Tokens to Burn
  10 000 000 EGG
• Burning Period
  100 000 EGG Every 3 Months
• Airdrop Rewards
  8 000 000 EGG/ Locked 90 Days
• Team
  6 000 000/ Locked 90 Days
• Token Type
  Ethereum ERC20

REBALANCING SLIPPAGE
It is important to note that even if there is NO FEE in the COCORICOS protocol; users will incur a small amount of slippage during rebalancing. Slippage is the difference between the expected price of a trade and the price at which the trade is executed. This means that when there is an imbalance in the number of trade volumes, prices, sellers, and buyers, the prices will then change to adjust to the next available price on the market. During this process, the changing ratio for under-collateralized tokens in exchange for over-collateralized tokens naturally changes the net asset value, as some of the value is either taken out or added in by the rebalancing liquidity provider. This change in net asset value is the rebalancing slippage.

CONCLUSION
The financial world is changing at a pace never before seen in history. These new instruments are being developed and made available to anyone willing to explore the space and to serve a wide variety of needs.

This is all happening against a backdrop of traditional financial markets operating in a very strange state. Across the globe interest rates on savings accounts are dismal or negative, and the bond market is turning negative on a regular basis. Inflation is eating away at everything.

We at COCORICOS, we are driven to challenge the status quo and create a new standard for digital asset earning.

COCORICOS will do much more than provide a reward and earning platform. The platform’s primary goal is to fix and improve crypto rewarding and earning and to make the blockchain space a safer place for all retail crypto holders.

RESOURCES
Website
Github
White Paper

[sammyp]

What is the total supply and based on what principles will you be burning 10 000 000 EGG in 25 years if I am right (I stand to be corrected). It would be more appropriate if you share with us information about the team behind COCORICOS and as well us the whitepaper by which you will be operating.

[coin_1122]

so aside from staking and liquidity mining, you could earn more egg tokens from airdrop. I think they have specific platform for this made on their website, the tasks are simple and could earn other different tokens. That's a thumbs up for me 

You are saying it is simple, but how we don't see any website, where we can earn EGGS, kindly share the website which will help the Newbies to earn some decent Airdrop from the company. What was the basic price for EGG, whether the coin is listed in any of the exchange or not yet?

[LordShanken]

In my opinion, the person responsible for marketing in this project should resign from the bumbing service as soon as possible.
Positive comments from newly opened accounts immediately look suspicious.
This could have a negative impact on potential investors because someone might think you want to cheat.
It's better to open a bounty campaign to advertise your project with help of real users, not fake.

[bycocoricos]

so aside from staking and liquidity mining, you could earn more egg tokens from airdrop. I think they have specific platform for this made on their website, the tasks are simple and could earn other different tokens. That's a thumbs up for me 

You are saying it is simple, but how we don't see any website, where we can earn EGGS, kindly share the website which will help the Newbies to earn some decent Airdrop from the company. What was the basic price for EGG, whether the coin is listed in any of the exchange or not yet?

Hello DU3O, the url is the following: COCORICOS.

[bycocoricos]

In my opinion, the person responsible for marketing in this project should resign from the bumbing service as soon as possible.
Positive comments from newly opened accounts immediately look suspicious.
This could have a negative impact on potential investors because someone might think you want to cheat.
It's better to open a bounty campaign to advertise your project with help of real users, not fake.

Thank you for your message, you should know that airdrops are in the heart of the crypto sphere, and we reward customers for completing actions, not to give positive feedbacks but a honest one, there is also a quiz that the customer should succeed with to be able to get the rewards. Gamification is now taking place in DeFi and this is why Cocoricos' platform that if fully gamified since years now is perfect for the ecosystem.

[bycocoricos]

In my opinion, the person responsible for marketing in this project should resign from the bumbing service as soon as possible.
Positive comments from newly opened accounts immediately look suspicious.
This could have a negative impact on potential investors because someone might think you want to cheat.
It's better to open a bounty campaign to advertise your project with help of real users, not fake

Thank you for your message, you should know that airdrops are in the heart of the crypto sphere, and we reward customers for completing actions, not to give positive feedbacks but a honest one, there is also a quiz that the customer should succeed with to be able to get the rewards. Gamification is now taking place in DeFi and this is why Cocoricos' platform that if fully gamified since years now is perfect for the ecosystem.

[blue_nexus15]

Defi - will be the financial trend in the near future in 2021 - 2025. EGG is impressive and clear. It could be the first light-emitting project of that financial revolution.
60,000,000 is the total maximum supply?

[LordShanken]

In my opinion, the person responsible for marketing in this project should resign from the bumbing service as soon as possible.
Positive comments from newly opened accounts immediately look suspicious.
This could have a negative impact on potential investors because someone might think you want to cheat.
It's better to open a bounty campaign to advertise your project with help of real users, not fake.

Thank you for your message, you should know that airdrops are in the heart of the crypto sphere, and we reward customers for completing actions, not to give positive feedbacks but a honest one, there is also a quiz that the customer should succeed with to be able to get the rewards. Gamification is now taking place in DeFi and this is why Cocoricos' platform that if fully gamified since years now is perfect for the ecosystem.

As you can see, all posts are deleted by moderators almost immediately as this form of marketing is not allowed in this forum.
I think moderators are giving you one last shot before they also ban your account for speeding up spam.
If you want to use Bitcointalk to promote your project, you'd better choose ways like a signature campaign or a bounty campaign. Certainly, this form of advertising will attract more investors.